World Perspectives
biofuel energy

Ongoing Biofuel Demand

The U.S. Energy Information Agency published its latest forecast for energy use through 2050 and it foresees no slackening in demand. Its projection for demand for petroleum and other liquid fuels only varies based on assumptions about economic growth and petroleum prices. This projection does not break out liquid fuels like biodiesel and ethanol, but presumably they are inherent in the calculations.  Vegetable oil prices have been on an even faster growth rate than overall fuel demand growth. This will continue as substitutions for petroleum particularly in the transportation sector remain high. However, not all fuel sources are being treated equally. Malaysia is currently testing the use of palm oil as a jet fuel mix at the same tim...

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feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipment for December 6-12, 2024.Wheat: Net sales of 457,900 metric tons (MT) for 2024/2025 were up 58 percent from the previous week and 16 percent from the prior 4-week average. Export shipments of 405,700 MT were up noticeably from the previous week and up 49 percent from th...

feed-grains soy-oilseeds wheat

Market Commentary: Soy Complex Posts Reversal; Wheat Hits New Lows as Dollar Surges

The CBOT reversed much of its recent weakness on Thursday with technical trade and “bottom picking” emerging in the soy complex. The soy complex was not oversold technically, but with values sitting on or near major support levels, many traders figured this was the time to take short risk off t...

Farm Aid Revived; New Economy versus Old; UPF Discussion

Farm Aid RevivedThe latest Monthly Monitor of agricultural economists showed that 56 percent believe the sector is already in a recession and a whopping 81 percent believe it is on the brink of a recession. The government’s stopgap bill to keep the government funded through March included $10 b...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipment for December 6-12, 2024.Wheat: Net sales of 457,900 metric tons (MT) for 2024/2025 were up 58 percent from the previous week and 16 percent from the prior 4-week average. Export shipments of 405,700 MT were up noticeably from the previous week and up 49 percent from th...

feed-grains soy-oilseeds wheat

Market Commentary: Soy Complex Posts Reversal; Wheat Hits New Lows as Dollar Surges

The CBOT reversed much of its recent weakness on Thursday with technical trade and “bottom picking” emerging in the soy complex. The soy complex was not oversold technically, but with values sitting on or near major support levels, many traders figured this was the time to take short risk off t...

Farm Aid Revived; New Economy versus Old; UPF Discussion

Farm Aid RevivedThe latest Monthly Monitor of agricultural economists showed that 56 percent believe the sector is already in a recession and a whopping 81 percent believe it is on the brink of a recession. The government’s stopgap bill to keep the government funded through March included $10 b...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.4075/bushel, up $0.035 from yesterday's close. Mar 25 Wheat closed at $5.33/bushel, down $0.0825 from yesterday's close. Jan 25 Soybeans closed at $9.63/bushel, up $0.1125 from yesterday's close. Mar 25 Soymeal closed at $291/short ton, up $4.9 from yeste...

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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